Generally speaking, the lump sum proceeds from a life insurance policy won’t be taxed at all.
Taking Installments of the Proceeds: If your beneficiary takes an installment option instead of the lump sum, there would be tax due. 198 more words
Tokyo band Crystal Lake recently released their cover of The Ghost Inside’s “Wide Eyed” that features Yosh from Survive Said The Prophet. After touring with the band The Ghost Inside three years ago, metal/hardcore band Crystal Lake and record label Artery Recordings have decided to donate all proceeds from this cover to The Ghost Inside to help with their medical expenses following their bus accident back in November. 94 more words
A Lugbe Grade 1 Area Court, Abuja, on Tuesday, arraigned one James Oforma on two-count charge of criminal breach of trust and misappropriation. 62 more words